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TMI Blog2018 (3) TMI 1561X X X X Extracts X X X X X X X X Extracts X X X X ..... tion does not contain any further provision in the event of its non compliance - Therefore, we are not persuaded to think that the 90 days' period prescribed in Regulation 19(1) is one of limitation, as contended by the learned Counsel for the appellant, rendering further proceedings under the Regulation invalid. Appeal dismissed - decided against appellant. - WA.No. 677 of 2018 IN WPC. 1288/2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in terms of Regulation 20 shall be completed, at any rate within three months. It is this judgment which is challenged. 2. We heard the Counsel for the appellant and the learned Standing Counsel appearing for the respondent. 3. Before us, the learned Counsel for the appellant reiterated his contention that the suspension of licence was without any justifiable reason and according to him a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an opportunity of hearing to the broker and may pass such orders as he deems fit, either revoking the suspension or continuing it. 5. Insofar as this case is concerned, Ext.P1 order of suspension would show that the respondent has made a detailed reference of the allegations against the appellant and was satisfied that the appellant has prima facie committed an offence as contemplated under Reg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mpliance. Therefore, we are not persuaded to think that the 90 days' period prescribed in Regulation 19(1) is one of limitation, as contended by the learned Counsel for the appellant, rendering further proceedings under the Regulation invalid. 7. However, in recognition of the need to urgently complete the proceedings against the appellant; in the judgment under appeal itself this Court has ..... X X X X Extracts X X X X X X X X Extracts X X X X
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